How to Choose a Signal

Growth chart

This chart enables the visual evaluation of the signal performance.

Rating

Sort signals by rating which is calculated based on a set of performance metrics, such as growth, drwadown, lifetime and others.

Signal/Equity

Switch between signal sorting by name and by account equity.

Growth/Weeks

Switch between signal sorting by growth rate and by the number of weeks since the first trade on the account.

Subscribers/Funds

Switch between signal sorting by the number of subscribers and by the amount of subscribers' funds managed by this signal (only the funds on real accounts within the set risks).

Trades/Profitable

Switch between signal sorting by the number of trades on the account and by the percentage of winning deals. A small number of trades cannot characterize trading, while the obtained profit can be random.

Max DD/PF

Switch between signal sorting by the maximum drawdown and by the profit factor.

Price

Sort signals by subscription cost.

Growth

Deposit growth in percentage value calculated based on trading operation results, excluding withdrawals and top-up operations. Growth is one of the main characteristics, based on which you can evaluate the signal performance.

Weeks

Account lifetime which starts on the first performed trade (this refers to the entire account lifetime rather than the period since its registration as a signal). The older the signal, the more trading information is available. Be careful subscribing to too young signals.

Reliability

Reliability evaluates in % the risks of this signal relative to others. The higher the variable, the more reliable the signal.

Algo trading

The share of deals performed by trading robots or scripts.

Subscribers

The current number of signal subscribers.

Price

Monthly subscription fee in USD.

General information about the signal

• Signal name.
• Signal author's avatar and country.
• Signal author's name. Click on the name to view the author's profile at MQL5.community. From the profile, you can also write a message to the author.
• Monthly subscription fee in USD.

Main signal characteristics

• Growth — deposit growth in percentage value calculated on the basis of the account trading history, excluding deposits and withdrawals.
• Balance — funds on the account, not including the floating profit of currently open orders.
• Profit — profit/loss gained during the account lifetime.
• Reliability — evaluates in % the risks of this signal compared to others. The higher the value, the more reliable the signal.
• Weeks — the number of weeks since the first trade performed on the trading account (this parameter considers the entire account lifetime rather than the period since its registration as a signal).
• Subscribers — the current number of signal subscribers.

Visualize on chart

View the signal trading history on charts in the trading platform. This command opens charts of the symbols that have ever been traded on the signal account. All performed deals will be displayed with the relevant icons.

View on MQL5

Go to the signal page at MQL5.community.

To Favorites

If you like a signal, add it to favorites to get back to it later.

Extended signal statistics

• Subscribers — the current number of signal subscribers.
• Subscribers' funds — the total amount of subscribers' funds managed by this signal. The value only reflects funds on real accounts, within the used risks.
• Maximal Drawdown — the largest balance or equity drop from the local maximum, as a percentage. The parameter shows either balance or equity drawdown, depending on which value is higher (worse).
• Weeks — the number of weeks since the first trade performed on the trading account (this parameter considers the entire account lifetime rather than the period since its registration as a signal).

Trading data

• Latest trade — time since the last trading operation on the signal provider's account.
• Trades per week — the average number of trades per week.
• Avg holding time — average position holding time.

Provider account details

• Broker — the name of the broker's server on which the account is registered.
• Leverage — account leverage amount.
• Trading mode — account trading mode: demo or real. Please note that a provider can afford much greater risks on a demo account than they would on a real one.
• Expected slippage — slippage calculated based on trade copying statistics between the subscriber's and the provider's servers. The parameter is only available in the trading platform.

The radar chart provides a quick assessment of the main signal parameters:

• Algo trading — the share of deals performed using trading robots or scripts.
• Maximal Drawdown — the largest balance or equity drop from the local maximum, as a percentage. The parameter shows either balance or equity drawdown, depending on which value is higher (worse).
• Max deposit load — the share of funds on the provider's account used for opening positions. The value is calculated as Margin/Equity*100. It characterizes risks in trading. The larger the traded volume, the higher the potential profit but also the larger the potential loss.
• Profit trades — the number of profitable trades and their share in the total number of trades, as a percentage.
• Loss trades — the number of losing trades and their share in the total number of trades, as a percentage.
• Trading activity shows the time when the account had open positions, as a percentage of the total monitoring monitoring time. Low activity indicates low-frequency trading or low position holding time (scalping).

Provider account details

• Equity — funds on the account including the results of currently open positions (floating profit/loss). The current account balance and the floating profit of open positions are additionally shown on hover.
• Profit — amount of profit/loss gained during the account lifetime. The number of trades on the account is shown on hover.
• Initial deposit — funds deposited at account opening.
• Withdrawals — funds withdrawn from the account for its entire lifetime. The number of withdrawal operations is additionally shown on hover.

Signal graphical data

The tabs present signal performance charts and diagrams: growth charts, equity and balance graphs, distribution of deals by symbols, risk data and reviews from signal subscribers.

Trade Statistics

• Total Trades — the total number of trades (deals that lock profit or loss).
• Profit Trades — the number of profitable trades and their share in the total number of trades in percentage value.
• Loss Trades — the number of losing trades and their share in the total number of trades in percentage value.
• Best trade — trade with the highest profit among all profitable trades.
• Worst trade — trade with the largest loss among all loss-making trades.
• Gross Profit — the sum of all profitable trades in monetary units.
• Gross Loss — the sum of all loss-making trades in monetary units.
• Max consecutive wins — the number of trades in the longest profitable sequence and its total profit.
• Max consecutive profit — the largest profit in a continuous profitable sequence and the amount of appropriate profitable trades.
• Sharpe Ratio — this parameter shows strategy efficiency and reliability. The value reflects the ratio of the arithmetical mean profit for the position holding time to the standard deviation from it. The risk-free rate, which is the profit gained from the appropriate bank deposit funds is also taken into account here.

Trade Statistics

• Recovery Factor — this parameter displays the risk level of the strategy (the funds that are put to risk to earn the obtained profit). It is calculated as the ratio of gained profit to the maximum drawdown.
• Long Trades — the number of trades fixing profit from long deals and the number of profitable long trades in percentage value.
• Short Trades — the number of trades fixing profit from short deals and the number of profitable short trades in percentage value.
• Average Profit — the average profit from all profitable trades.
• Average Loss — the average loss from all loss-making trades.
• Profit Factor — ratio between gross profit and gross loss. One means that these parameters are equal.
• Expected Payoff is a statistically calculated parameter displaying average profitability/unprofitableness of one trade. Also, it is considered to display the expected return of the next trade.
• Max consecutive losses — the number of trades in the longest losing sequence and its total loss.
• Max consecutive loss — the largest loss in a continuous losing sequence and the amount of the appropriate losing trades.
• Monthly growth — the average deposit growth for a month in percentage values. The value is calculated as the total growth divided by the number of months traded.
• Annual Forecast — deposit growth forecast for a year according to the monitoring period results.

Open Positions

• Symbol — the financial instrument of the open position.
• Time — position opening time. The record is represented as YYYY.MM.DD HH:MM (year.month.day hour:minute).
• Type — position type: "Buy" — long, "Sell" — short.
• Volume — trade operation volume (in lots). The minimum volume and its change step are limited by a brokerage company, the maximum amount — by the deposit size.
• Price — the price of a deal, as a result of which the position was opened. If the opened position is a result of execution of several deals, then this field displays their weighted average price: (price of deal 1 * volume of deal 1 + ... + price of deal N * volume of deal N) / (volume of deal 1 + ... + volume of deal N). The accuracy of rounding of the weighted average price is equal to the number of decimal places in the symbol price plus three additional characters.
• S/L — the Stop Loss level of the current position. If this order has not been placed, a zero value is displayed in this field.
• T/P — the Take Profit level of the current position. If this order has not been placed, a zero value is displayed in this field.
• Price — the current price of the financial symbol. Bid price is displayed for short positions, while Ask price is used for long ones. The price of the last performed deal (Last) is displayed for the positions of exchange symbols (both directions).
• Swap — amount of swaps charged.
• Profit — the financial result of the trade taking into account the current price is written in this field. The positive result tells that the trade is profitable, negative shows that it's losing.

Pending Orders

• Symbol — the financial instrument of the pending order.
• Time — pending order placing time. The record is represented as YYYY.MM.DD HH:MM (year.month.day hour:minute).
• Type — pending order type: "Sell Stop", "Sell Limit", "Buy Stop", "Buy Limit", "Buy Stop Limit" or "Sell Stop Limit".
• Volume — volume requested in the pending order, and volume covered by the deal (in lots).
• Price — price reaching which the pending order will trigger.
• S/L — the level of the Stop Loss order. If this order has not been placed, a zero value is displayed in this field.
• T/P — the level of the Take Profit order. If this order has not been placed, a zero value is displayed in this field.
• Price — the current price of the financial symbol. Bid price is displayed for short orders, while Ask price is used for long ones. The price of the last performed deal (Last) is displayed for the orders involving exchange symbols (both directions).

The history of trades on the signal

• Time — the time of a trade. The record is represented as YYYY.MM.DD HH:MM (year.month.day hour:minute).
• Symbol — a financial instrument of the deal.
• Type — trading operation type: "Buy" — a buy deal, "Sell" — a sell deal. It is possible that previously performed deal can be canceled. In this case, the type of the previously performed deal is changed to Canceled buy or Canceled sell, and its profit/loss is reset to zero. Previously gained profit/loss is deposited/withdrawn from an account in a separate balance operation.
• Direction — direction of the deal relative to the current position of a particular symbol: "in", "out" or "in/out".
• Volume — the volume of an executed deal (in lots).
• Price — price the deal was executed at.
• Swap — amount of swaps charged.
• Profit — the financial result of the position exiting. For entry trades the zero profit is shown.